While I waited in the line for pre-sale ticket holders outside a Detroit nightclub (names have been omitted in order to protect the guilty) from midnight to 1 AM on Friday night/Saturday morning, I had an epiphany regarding the economic psychology of nightclubs. It is a often-repeated truism that there is an incentive for a nightclub to try to have a long line waiting outside in order to give the impression that they are the hippest place to be. As I waited in line, I realized that the reason why they made the pre-sale ticket holders wait in line, rather than people who didn't already have tickets, was simple economics. The nightclub has an economic incentive to get non-ticket-holders into the club quickly, because if they make those people wait, they could decide to go home or go to a different club and then that is a lost sale. The nightclub already has the pre-sale ticket-holder's money. They can make the ticket-holder wait in line for an hour on a freezing winter night because the ticket-holder has an economic incentive to stay--(s)he has already spent money for admission in the club, and if they go home (or to another club), that money is wasted. And if there are a lot of pre-sale ticket holders, you fulfill the psychological strategy of having a long line waiting outside to give the impression of being a hip place to be.
The moral of the story: Don't buy pre-sale tickets for a club event unless you are fairly certain that the club is going to be filled to capacity when you arrive.
Sunday, February 18, 2007
Tuesday, January 30, 2007
Saturday, January 27, 2007
Friday, January 19, 2007
Optimal sort
I had been bothered for some time by this vague recollection of a reference to an algorithm that had been optimized several times, most notably by Don Knuth, but then subsequently by someone else. For the record, that was the 16-element sort, and I read about it in Artificial Life by Steven Levy.
Tuesday, December 19, 2006
Thursday, October 19, 2006
Wednesday, October 18, 2006
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